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Which of the following entities is specifically excluded from being identified as a social enterprise under the SEBI framework for the Social Stock Exchange?

A corporate foundation is excluded from being identified as a social enterprise under the SEBI framework. Excluded entities include corporate foundations, political or religious organisations, professional or trade associations, and most infrastructure and housing companies. Charitable trusts, section 8 companies and affordable housing enterprises remain eligible.

  1. AA registered public charitable trust running a rural health clinic
  2. BA section 8 company working on eradicating hunger
  3. CA corporate foundation whose activity is promoting a sponsoring company's productsCorrect
  4. DA for-profit enterprise providing affordable housing to low-income groups

Explanation

The framework excludes corporate foundations, political or religious organisations, professional or trade associations, infrastructure and housing companies (except affordable housing) and companies that are subsidiaries or associates of corporates. Therefore the corporate foundation is ineligible. Charitable trusts, section 8 companies and affordable-housing enterprises can qualify.

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